NOT LISTED FOR SALE

1540 Cedar Bend Palo, IA 52324

Estimated Value: $330,000 - $362,000

4 Beds
3 Baths
2,381 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $230,000 $97 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,220/month

36 Days on Market

Highlights

  • Home Theater
  • Deck
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Ranch Style House

About This Home

As of January 2020

Small town, country feel minutes from Cedar Rapids. Low county taxes. 2005 built ranch shows like a new home with fresh paint and new carpeting throughout the main level. New appliances, crown molding, and custom tiled backsplash in the kitchen gives a fresh feel! Airy living room with gas fireplace offers a terrific view of wide open spaces - no homes behind you! Spacious dining room with sliders to the deck where you can enjoy that private view and the kitchen features plenty of cabinetry and counter space, breakfast bar and pantry. Main floor laundry room leads into the oversized 2 stall garage. The master suite offers deck access. 2 add'l bedrooms & another full bathroom completes this level. Downstairs is the perfect spot for entertaining with a spacious family room/theater room - projector and sound system included - and a tiled bar area. Large full bathroom, another bedroom with daylight windows and plenty of storage space. Add’l features: expansive deck runs the full length of the house and features a hot tub area. Fenced yard with irrigation, security system, sound system on the lower level, 1 yr home warranty, and an inviting front porch. Shared well with the neighbor provides water for irrigation and gardening. Special Financing Incentives available on this property from SIRVA Mortgage. All Purchase contracts must include the following clauses: “Contingent upon SIRVA Relocation LLC being able to deliver good and marketable title to the property.” And “Contingent upon the buyer signing SIRVA Relocation LLC’s Rider to Sales Agreement, addenda, and releases (“Addenda”). All SIRVA Addenda to be made part of and attached to this Agreement upon signature of buyer.” SIRVA Relocation has already ordered title through Ackley, Koepecky, and Kingery.

Last Agent to Sell the Property

Margaret Jenkins

SKOGMAN REALTY Listed on: 11/27/2019

SKOGMAN REALTY

Last Buyer's Agent

Kevin Heinbuch

PRK Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,088

Year Built

  • 2005

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 127 x 90
  • Fenced
  • Level Lot
  • Irrigation

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • L-Shaped Dining Room
  • Home Theater
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,088

Year Built

2005

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2620
  • Above Grade Finished Sq Ft: 1506
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Palo
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 4088
  • List User Cell Phone: 319-389-0723
  • Low Lvl Fin Sq Ft: 875
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty, Irrigation System, Patio, Satellite Dish, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 3916
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97252
  • Ratio Close Price By Original Li: 0.96234
  • Ratio Current Price By Sq Ft: 152.72
  • Total Sq Ft: 2381
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room, Theater Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 127 x 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Freeland Timothy
Bought by
Wade Katie and Wade Levi
Current Estimated Value
$344,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$3,267
Interest Rate
6.49%
Estimated Equity
$322,075

Purchase Details

Closed on
Jul 30, 2024
Sold by
Freeland Timothy
Bought by
Freeland Timothy and Wade Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$3,267
Interest Rate
6.49%
Estimated Equity
$322,075

Purchase Details

Closed on
Jun 9, 2023
Sold by
Michael R Wilkinson Revocable Trust
Bought by
Freeland Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
6.39%

Purchase Details

Closed on
Feb 25, 2021
Sold by
Wilkinson Michael R and Wilkinson Michael W
Bought by
Wilkinson Michael R and The Michael R Wilkinson Revoca

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jan 2, 2020
Sold by
Sutherland Jacob and Sutherland Ashley
Bought by
Wilkinson Michael W
Seller's Agent
Margaret Jenkins
SKOGMAN REALTY
Buyer's Agent
Kevin Heinbuch
PRK Williams Realty
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 17, 2015
Sold by
Nelson Steven J and Nelson Maria K
Bought by
Sutherland Jacob and Kirchbaum Ashley
Seller's Agent
Erika Parker
REVOLUTION REALTY TEAM
Buyer's Agent
Sonya Lagrange
SKOGMAN REALTY
List Price
$219,900
Sold Price
$208,400
Premium/Discount to List
-$11,500
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$35,428
Interest Rate
3.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 13, 2007
Sold by
Crowl Gregory and Crowl Andrea
Bought by
Nelson Steven J and Nelson Maria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Ldl Investment Corp
Bought by
Crowl Gregory and Crowl Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wade Katie -- Title Services
Freeland Timothy -- None Listed On Document
Freeland Timothy R $290,000 None Listed On Document
Wilkinson Michael R -- None Available
Wilkinson Michael W $230,000 Stewart Title Guaranty Co
Sutherland Jacob $208,500 None Available
Nelson Steven J $167,500 None Available
Crowl Gregory $174,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wade Katie $22,500
Open Wade Katie $256,000
Previous Owner Freeland Timothy R $43,500
Previous Owner Freeland Timothy R $232,000
Previous Owner Wilkinson Michael R $150,000
Previous Owner Sutherland Ashley J $87,000
Previous Owner Sutherland Jacob $35,428
Previous Owner Strohbehn Denise M $158,000
Previous Owner Nelson Steven J $138,000
Previous Owner Nelson Steven J $149,120
Previous Owner Nelson Steven J $30,000
Previous Owner Nelson Steven J $150,000
Previous Owner Crowl Gregory $130,000
Previous Owner Ldl Investment $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $230,000 -2.7% $97 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/10/2019 12/10/19 Price Changed $236,500 -1.0% $99 / Sq Ft
11/27/2019 11/27/19 For Sale $239,000 +14.7% $100 / Sq Ft
08/17/2015 08/17/15 Sold $208,400 -5.2% $75 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $219,900 -- $79 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,184 $291,600 $34,400 $257,200
2023 $4,184 $291,600 $34,400 $257,200
2022 $4,418 $224,700 $34,400 $190,300
2021 $3,726 $224,700 $34,400 $190,300
2020 $3,726 $217,500 $34,400 $183,100
2019 $3,916 $202,500 $34,400 $168,100
2018 $3,830 $202,500 $34,400 $168,100
2017 $3,753 $192,600 $34,400 $158,200
2016 $3,753 $192,700 $34,400 $158,300
2015 $3,801 $192,700 $34,400 $158,300
2014 $1,813 $192,700 $34,400 $158,300
2013 $3,546 $192,700 $34,400 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908512

Cedar Rapids Area Association of REALTORS®

APN: 12204-26019-00000